• Capital: 140 billion VND (One hundred and forty billion).The Power Construction Joint Stock Company No.1 - formerly known as EnterprisePCC1 construction lines and stations under the Ministry of Power and Coal wasfounded March 2, 1963. When the newly formed company is the only active in theconstruction field lines and power stations across the country.According to the strategic planning ofthe development of national capacity in

each stage of development of thecountry, the company was in turnnamed after the company line andsubstation

construction,

construction

company line and station 1, electricalconstruction company in decision No. 1and 1263/QD-TCCB April 5, 2005 ofPhoto 1. Line construction of PCCC1

the

Minister

of

Industry,

power

construction Company 1 approved equalization plan and transformed into joint-stockcompanies 1 electrical construction, have business registration number: 0,103,008,651by the Department of Planning and Investment of Hanoi July 20, 2005.

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With over 50 years of establishment and development of the next generation class ofthe Company has made the bold mark on the entire network system operators andtransmission of electrical energy distributed by the National Project, transmission lineand substation construction of large-scale, high-quality electrical power source to bringall parts of North, Central and South of the country, from urban to remote rural,mountainous, remote island and on the mountains, plains of Laos.Over the years the business sector and its capacity to assume the company has donethousands of kilometers completed DDK 500kV, 220kV DDK tens of thousands ofkm, 110kV, hundreds of thousands of kilometers of 35kV DDK Hey, completed many

projects 500kV substation projects up to a total capacity of tens of thousands of MVA,participated

in

construction

of

the

hydroelectric

plant,

completed

many

telecommunications systems, fiber optic lines. Manufacturing , installing tens ofthousands of tons of structural steel standard , non-standard ... Training themanagement staff , technical staff highly qualified team of skilled workers capableinherit and develop the skills to be responsible for managing and implementing largescale projects , particularly the nature of national importance.With the company's contribution to the strategic development of national power inrecent years , the Company has been granted the many honors including the Medal ofIndependence -class , second class , third class ; Labor Medal second , third ; andmany other rewards of ministries and people's committees of provinces and cities.The company has the capacity machinery, construction equipment is equipped enoughto meet the simultaneous implementation of several projects lines, power stations bothlarge domestic and international scope.The company has financial strength by working capital and self- confidence arecommitted to providing the credit of the Bank for Investment and Development ofVietnam and credit institutions such as the Petroleum Finance Company ... whennecessary enough to meet the service of implementing large-scale projects , ensuringalways control the progress and quality of projects.

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To always improve management capacity building quality projects, construction workscarried out by the Company in addition to regular retraining and advanced training ofqualified managers, technicians, the company has been operating quality managementsystem and has been certified quality management ISO 9001-2008.With a long history and a long tradition of over 50 years , with experience & capacityabove basic , with the motto of company leaders always improve : "Quality - Progress- Cost - Beauty Industry " JSC electrical construction 1 - English acronym called "PCC1 " has always been striving leading enterprises in the field of construction linesand power stations in Vietnam.Business sectorsConstruction of the transmission lines and substations, power projects, industrialbuildings, civil infrastructure, transportation, irrigation, telecommunications;Production of business equipment, structural steel, metal, building materials, accessorymaterials and electrical works, construction equipment manufacturing, non-standardequipment;Manufacture of fabricated steel poles, hot-dip galvanizing and metal structures servingresidential and industrial;Organization structure:

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I.

Factors Impacted1.

Live cycle:

As reported by the Ministry of Industry and Trade, after 15 years of implementation(from 1998-2013), the program of rural electrification has changed the face of ruralVietnam. From dilapidated electrical systems, power supply shortage for 87% ofhouseholds, by 2013 over 98% of households, of which 97.5% live in rural households,equivalent to 15.2 million household’s power was used.However, at present 91 communes exist across the country without electricity, 550,000households do not have access to electricity, this goal since 2020, the Ministry ofIndustry and Trade, EVN and localities continue to implement programs rural4|Pa g e

electrification, striving 2015 basically communes nationwide grid to the town center, by2020 most of the rural households have electricity.Besides, Vietnam is still in the process of improving the system of electricity forindustrial and other sectors. Therefore, the electrical construction industry is still in thedevelopment stage. Research forecast to grow to the year 2020 to 2025.From the above statement, PCCC1 Company has been strategically built to meet thegrowth of the company in 2020 and later years. The company has made to thedevelopment of other sectors (in section III) to catch the trend of development.

2.

Competitors

According to unofficial statistics, electrical construction industry now has more than100 enterprises engaged in construction activities. This is a very large number.Company PCCC1 always aware of the level of competition and has set out the specificstrategies such as: (1) at the forefront of technology in construction - which thecompetitors do not keep up in terms of technology and the high-tech; (2) the right HRstrategy to recruit and train qualified staff to meet work demands ... etc.Currently in the field of construction and installation of high-voltage process with peerssuch as: electrical construction company 2, 3 electrical installation company, orcorporation Song Da Construction.Currently in the field of construction and installation of high-voltage process with peerssuch as: electrical construction company 2, 3 electrical installation company, orcorporation Song Da Construction.3.

Customers

Largest customers of the company's current PCCC1 Power Corporation and PowerTransmission Vietnam. These customers provide 85% of jobs and bringing much of therevenue for the company. Therefore, the company has always preferred the good workdone by the great customer brings. Meet the requirements of quality and progress.There are also a number of our customers are entities invested projects in exportprocessing zones and industrial parks or investors with foreign capital.5|Pa g e

4.

Products replaced

Since this is a specific product should not be substitutes. However, there are very fewitems that can replace diesel generators as power plants or spot some of the privatehydropower mountainous areas.

5.

Supply:The units provide supplies and equipment is mainly because the company isstill foreign brands in the world.The company also has domestic self-supply of some commodities such asconstruction materials, processed to provide steel structure.

6.

Potential competitors:In the immediate future, the potential competitors do not have much power bythe construction industry construction hardship risky, but the company mustalso change technology to reduce labor, and only try to attract forces permanentjobs at the company.

II.

PEST1.

Economic environment

According to economists, the economic environment is the entire economic factorssuch as employment, income, inflation; interest rates, productivity, and wealth affectthe buying behavior of consumers and the organization. Overall, Vietnam’s economyin 2013 - this time from stable gradually. Production growth and the positive changesgoing on in the last year, however, growth is still low.Environment macroeconomic stability:Inflation remained stable. The consumer price index ( CPI ) slowed down inNovember , at 0.34 % compared to October , up 5.5 % compared with 12/ 2012

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increased 5.78 % compared to the same period in 2012 . As Thus, inflation in 11/ 2013slowed to 2nd lowest since 2003 back here (after 2009).Interest rates have fallen steadily, stabilizing the exchange rate, balance of paymentsimproved. Ceiling deposit interest rate has been lowered from 14 % to 12 % interestrate credit fell from a year earlier, this trend is being pushed imaginative direction andflexibility of market fluctuations and take know of inflation. This is an opportunity forcompanies to access concessional loans of banks, maintain and expand production.The infrastructure of the economy as well as factors affecting the purchasing power ofthe market. If poor infrastructure increases the costs of production and consumption ofproducts, product price increases, which will reduce the products competitiveness inthe market. Once the service distribution and promotion has been slow due to theimpact on markets of infrastructure will make the product difficult to access or slowaccess to the company's products.Environment SectorIn recent years, power consumption across the country has high growth places severelack of power. Should the construction of transmission lines to regions across thecountry is essential.Output transmission provider EVN 2013 127 840 million kWh in 2014 and plans toincrease to 140,500 million kWh.

2.

Political Environment

Currently, Vietnam's political stability is considered. This is a very basic element toattract foreign investment and is highly appreciated. Survey locations with the mostattractive investment investors Japan by the Trade Promotion Organization of Japan(JETRO) done this clearly acknowledged. And the factors attractiveness of thisbusiness is due to political stability.Policy innovation, opening with political stability, a safe living environment, securityis the underlying cause that amount of capital foreign direct investment into Vietnam.

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November this year, this capital gain of $ 10 billion, an increase of 9.9 % compared tothe same period last year. Export turnover increased by 24.5 % in 11 months, a growthrate much higher growth rate under high goals and many times the GDP growth rate.Unstable political situation in Vietnam has decisive significance in the economicdevelopment, employment income for workers, increasing consumer demand ofsociety. This impact also active in the creation and implementation of the strategies theenterprises VietnamHowever, there are some gaps in the legal documents, policies inconsistent,incomplete and make businesses perform very awkward and inefficient.3.

Social Environment

Vietnam's social strides bass levels on human index. In addition, information systemsand communications to people are very good. Number of Vietnam's population is quitecrowded, the people's living standards have improved, and demand for electricity,industrial production requires very high levels to electric transmission lines across theorganization country.4.

Technology environment

Early twentieth century, mankind has accumulated a wealth of knowledge in scienceand engineering bulky. Karl - Marx (1818 - 1883) had a famous argument: “commonknowledge society (understood as science - TVK) has transformed into a directproductive force." However, due to the historical development of productive forces isnot uniform, not less than 80-90 % of the world population still lives in poverty andbackwardness.Science and technology ( S & T ) new phase now starting to thrive from the lastcentury 40 years and most obvious characteristic of the first artificial satellite in spaceconquest (1957 ) followed humans into space , set foot on the moon , as well as thestudy universe far different story almost " daily " . Be the stimulation and support ofspace technology , the new technology , there are new heights consecutive birth ,especially information technology , telecommunications , renewable energytechnologies , with ... marvelous inventions like laser (1967 ) , satellite televisionartificial (1964 ) , synthetic genes (1973 ) , the integrated circuit (1965 ) , electronic8|Pa g e

computers , electronic computers based on structural biology create human brain (1994) , microprocessor (1971 ) , electronic bugs , accelerators , etc. ...Moreover, we live in a new era, the era of IT flourished. IT was a high developmentthat all digitized information data, strong rotation and connects us all together. Allkinds of information, audio data, images can be taken digitally so that any computercan store, process and forward for many people. These tools and the connectivity ofthe digital age allows us to easily collect , share information and act on the basis of thisinformation in a manner entirely new , involves a series of changes about theconcepts , practices , traditions and habits , and even view the values in life . IT to eachindividual person, managers, scientists, farmers, housewives, elementary students....No field, no place in the absence of IT. Information Technology is one of the mostimportant driving force of growth and development ... application of informationtechnology in our country to contribute to the liberation physical strength , wisdomand spirit of a nation , promote the innovation , rapid development and modernizationof the economic sector , strengthening the competitiveness of enterprises , effectivesupport for the process of international economic integration , improve the quality oflife people's lives , ensuring national security and create leapfrog ability tosuccessfully implement the industrialization and modernization process .Recognizing the importance of technology in construction, the company is nowapplying advanced technology in the construction of power lines. This is a newtechnique applied in Vietnam recently, pulling wires through the rugged hilly terrain orlarge river. This airship was imported from China, due to the technical staff of the JointStock Company 1 Power Construction operation. Construction time 7km 500kV XianLoc - Ham Tan takes a day, 4-5 times faster than the wire with manual methods.Accordingly balloon will pull new wires connected to cables placed on the head, thenused tractors - normal tension.This technique is not only fast but also helps reduce the zipper scratches cables, notlogging or clearance below the line.

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Project 500kV Vinh Tan - Song May through the province of Binh Thuan and DongNai has a total length of more than237km from Vinh Tan power center to500kV Song May substation in VinhCuu District, Dong Nai Province. Thisproject has a total investment capitalof 3,000 billion, is key projectsimplemented

under

the

special

Photo 2. Use airship for line construction

decision of the Prime Minister. Thework will be completed January 10-2013, transmission from Vinh Tan thermal powerplant to the national electricity system.III.

Opportunity and Thread:1. Opportunities:The company has a long CPXLDD1 has 50 years of experience in the constructionindustry lines and transformers touch with the staff and skilled technical staff. Thecompany has access to new technology to serve business.Economic situation of the country development objectives of the government “soonindustrialization and modernization of the country," the transmission of power to theregions is essential and potential funding sources for the construction of infrastructureworks are state interest.2. Challenges:Power transmission construction industry is one sector of construction on the difficultterrain and complex safety risks in construction and during operation of the power gridis very high; the ability to attract skilled labor is difficult.The construction works of medium voltage lines come down a lot of units involved inthe construction makes competition increasingly fierce market.

projects, telecommunications projects, traffic in the country but also exported to Japan,South Korea, Pakistan, and India....Not only a leader in the field of electrical construction , PCC1 also performed verywell established consultancy role investment projects , set design and constructiontechnique for building grid 110kV , 220kV , power supply systems for industrial areasand industrial plants . PCC1 unit is also done consulting professional surveying, siteclearance compensation across the country.Currently, the company has been investing, business, management and serviceprovision for mixed high-rise buildings, apartment buildings and business real estatetransactions. In that PCC1 investment housing project and commercial services NangHuong with 2 buildings , adjacent buildings and villas were completed and put into useafter mining investment since 2010 ; Project Trade Center and the Family in America (with a total investment of nearly 700 billion ) has completed construction offoundations , basements are the raw construction of the building .The company is also expanding cooperation with Minerals Corporation, GeneralCorporation Vietnam Construction Industry sector investment in mineral exploitationand processing, product manufacturing and prestressed concrete highway continues forthe development of investment plans and investment cooperation as the economyrecovers.Promoting collective strengthDespite equalization but thinking of the company’s leadership pays special attention totaking care of the material and spiritual , job security for workers , demanding respectfor human and labor work to promote collective strength . The movement to promotetechnical innovations is widely deployed to units throughout. This movement hasappeared so many initiatives, practical, efficient service for business and productionactivities of the unit. Typically initiative “Dry Blower “Limited Company's electricalconstruction 1 - Hoang Mai. This initiative has brought the company became the firstin the country to use the equipment to handle moisture insulation of transformers and500kV electrical equipment. This initiative has been very successful at applying the500kV Quang Ninh TBA, TBA Thuong Tin 500kV, and 500kV O Mon substation ... In12 | P a g e

addition to improving the quality of work for investors, this initiative also save fundingfor equipment not imported. In addition, initiatives to build jigs plated single columnof larger diameter to ensure accuracy of the specifications Manufacturing Co., Ltd.Dong Anh Column - Hyundai is also highly appreciated. The movement of materialssaving, power saving, water is also done very lively.Besides, much attention PCC1 improved management perfection. System rules andregulations are built synchronously, creating strict legal framework, and control theactivities in the field of business. Three years ago , although affected by the economicdownturn but the annual turnover of the company has reached over 1,000 billion,criticized the budget for the 2009 , 2010 , 2011 respectively : 44.63 billion VND 42.64billion, 126.73 billion dong.Thu GDP per worker in 2011 reached 5.38 million VND /person / month , an increase of 16 % compared to 2010 . with the positivecontributions of companies for Vietnam's power sector , in developing strategies andensure national energy security , in recent years the company has been granted by theState Party and many honors such as : Independence Medal Second Class in 2002 ;Third Class Labor Medal in 2007 ; Government emulation flag in three consecutiveyears : 2009 , 2010 , 2011va many other honors .Preparation for the 50th anniversary of the establishment of the company, PCC1continue to overcome all challenges, bring movement developed in both width anddepth, using opportunities in business activities, strive to complete outstanding tasksproposed plan.The biggest goal of the company in 2012 was to ensure stable employment foremployees with revenue of 1101.264 billion, per capita income reached 6.18 millionVND / person who did ¬ / month, benefits minimum profit after tax on capital is 32 %,and the dividend payment is 20 %. To ensure these criteria, PCC1 will apply the besttechnology to complete the major projects on schedule, ¬ burners of high volume,together striving to maintain its leading position in the implementation of the projectNational power Transmission project.